Capital targets for China's 5 largest banks have been raised above the 11.5% minimum ratio by...

|By:, SA News Editor

Capital targets for China's 5 largest banks have been raised above the 11.5% minimum ratio by banking regulators. The higher level allows the banks a greater cushion in the event of losses and may also help stem the country's gusher of credit growth. CHIX +7.6% YTD.